Rumors of Winning Tesla's Second-Phase Solar Project Send Laplace Shares Soaring to Limit-Up; Company Responds with Uncertainty
Deep News
Yesterday
Shares of Laplace Renewable Energy Technology Co., Ltd. surged to the daily limit on April 1 following media reports that the company had secured a contract for the second phase of Tesla Motors' solar project, with the order value estimated to be close to 10 billion yuan. The stock rose sharply during the trading session and remained locked at the upper limit.
When contacted for comment as an investor, a representative from Laplace stated they were "not very clear" about the situation.
As of the time of reporting, Laplace’s stock remained at the limit-up price of 65.84 yuan per share, bringing the company's total market capitalization to 26.69 billion yuan.
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